NVIDIA will invest $1 billion in U.S. scientific research and development over the next five years. The funding will target artificial intelligence, quantum computing, healthcare and energy security to accelerate innovation and scientific discovery.
The initiative will support research institutions and expand collaboration with the U.S. Department of Energy.
NVIDIA announced the commitment at the “Science: A New Golden Age” event in Washington, D.C. CEO Jensen Huang said the investment aims to put advanced superintelligence in the hands of America’s scientists.
NVIDIA shares closed down 2.82% following the news, at US$230.77.